AeroVironment Shares Are Trading Higher Monday: What's Going On?

AeroViroment, Inc. AVAV shares are trading higher on Monday after the company announced a $240 million space long-haul laser communication order.What To Know: AeroVironment said it received a nearly $240 million order for its long-haul laser communications terminals from an undisclosed customer who will deploy the systems on orbit.The company said its terminals have demonstrated multi-orbit, space-to-space satellite crosslink capabilities while operating in challenging conditions such as jitter, extreme tem ...